In this day and age of information overload and the internet, the need for a good Realtor® or real estate agent can be diminished in many people’s minds. With so much available on the internet, some people may think they do not need a Realtor®. The average person now has access to almost every listing in their market, thanks to sites like Zillow, Trulia and Realtor.com. Furthermore, the amount of information available on these sites is remarkable and can make the services of Realtor seem unnecessary. That is very short-sighted thinking and can cause a person much financial hardship and stress.
It is true that most people are using the internet to do their own research on properties for sale, on the buying side. They may even be using the internet to help them figure out what their home is worth, on the selling side but this is only the tip of the iceberg when it comes to a real estate transaction.
Like a good attorney, doctor or financial advisor, a good Realtor® can be worth his or her weight in gold. Realtors® do not get the credit they deserve and should be included when discussing necessary professional services. One reason for this is the qualifications for attaining Realtor status are not nearly as stringent as other professionals. Unfortunately this can lead some people astray. I believe this whole perception is changing and a good Realtor® will earn his commission several times over.
Whether you are have purchased several homes or its your first, obtain the services of a Realtor®. The services provided by a trained professional will save you money in the long run. Despite what you may think you have learned from the internet or late night television, a real estate professional is still invaluable to the transaction. Here is just a small list of the services needed in a typical transaction:
- Needs analysis, focusing to save time and money
- Financing- Most Realtors are trained in the details of financing or at least have the proper resources to consult
- Market information not available oon the internet- taxes, schools, etc.
- Up to the minute sales numbers and market availability- even with todays technology many of the websites have outdated and inaccurate information.
- Negotiation-where money can be lost or made
This list could go on and on. Let’s not forget the mountain of paperwork that needs to be properly reviewed and processed to get you to the settlement table. Getting to the settlement table is what it really is all about. If you are serious about buying or selling your home, then your ultimate goal is to get to the settlement table. And the smartest wasy to get to the settlement table is by obtaining the services of a professional Realtor®.
Even in a buyers market, such as most markets are today, a Realtor® should be hired. Yes, hired. The consumer hires the Realtor®. As I have mentioned in previous blogs, hire a good one, because they can save you a lot of time, money and headaches. One of the most unknown facts in this whole business is that the buyers do not pay for having a real estate professional represesnt them and use all their knowledge and training to get them the best deal possible! The Realtors commission is paid by the sellers in most transactions!!
Look at it this way. The savvy buyer will do a lot of research on the internet. Both on properties and on which Realtor to hire. Then he or she will hire a professional Realtor, take full advantage of all the agents training,experience and knowledge. They will find a property, make an offer, get all the paperwork properly processed. Have their inspections, close the deal and go to the settlement table. The buyer will have had no headaches, got a good deal, most importantly got the property he wanted, on the terms he wanted and then the SELLER PAYS THE REALTOR!!
Cal Williams, Realtor®, ABR